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ECB and BOE Expected to Keep Interest Rates on Hold

The European Central Bank and the Bank of England are both expected to keep interest rates unchanged on Thursday, as officials assess the disruption caused by the conflict in the Middle East. The ECB is expected to hold the deposit rate at 2% and the BOE's Monetary Policy Committee is expected to keep the benchmark rate on hold at 3.75%. Bloomberg's Jana Randow and Morwenna Coniam break down the situation.